WisdomTree Europe Hedged Equity Fund (NYSEARCA:HEDJ) Reaches New 52-Week High – Should You Buy?

WisdomTree Europe Hedged Equity Fund (NYSEARCA:HEDJ)’s stock price hit a new 52-week high during trading on Tuesday . The stock traded as high as $55.42 and last traded at $55.4410, with a volume of 2204 shares trading hands. The stock had previously closed at $55.24.

WisdomTree Europe Hedged Equity Fund Trading Up 0.4%

The business has a fifty day moving average of $53.63 and a 200-day moving average of $51.63. The company has a market cap of $1.85 billion, a PE ratio of 15.27 and a beta of 0.81.

Institutional Trading of WisdomTree Europe Hedged Equity Fund

Several large investors have recently added to or reduced their stakes in the stock. Sloy Dahl & Holst LLC lifted its stake in WisdomTree Europe Hedged Equity Fund by 1.4% in the 3rd quarter. Sloy Dahl & Holst LLC now owns 14,900 shares of the company’s stock worth $751,000 after purchasing an additional 210 shares in the last quarter. Farther Finance Advisors LLC increased its holdings in shares of WisdomTree Europe Hedged Equity Fund by 66.3% in the fourth quarter. Farther Finance Advisors LLC now owns 918 shares of the company’s stock worth $49,000 after purchasing an additional 366 shares during the last quarter. Baird Financial Group Inc. lifted its position in shares of WisdomTree Europe Hedged Equity Fund by 8.5% in the first quarter. Baird Financial Group Inc. now owns 5,084 shares of the company’s stock worth $241,000 after buying an additional 400 shares in the last quarter. Private Advisor Group LLC lifted its position in shares of WisdomTree Europe Hedged Equity Fund by 0.9% in the third quarter. Private Advisor Group LLC now owns 50,538 shares of the company’s stock worth $2,547,000 after buying an additional 436 shares in the last quarter. Finally, Sharper & Granite LLC boosted its stake in WisdomTree Europe Hedged Equity Fund by 0.4% during the fourth quarter. Sharper & Granite LLC now owns 108,574 shares of the company’s stock valued at $5,761,000 after buying an additional 455 shares during the last quarter.

About WisdomTree Europe Hedged Equity Fund

WisdomTree Europe Hedged Equity Fund (the Fund), formerly WisdomTree International Hedged Equity Fund, is an exchange-traded fund. The Fund seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Europe Hedged Equity Index. The WisdomTree Europe Hedged Equity Index provides exposure to European equities while at the same time neutralizing exposure to fluctuations between the Euro and the United States dollar. The Index hedges against fluctuations in the relative value of the Euro against the United States dollar.